February 24, 2025
“…“She’s going to do something with the eggs,” Trump said. “We inherited all the problems.” Trump made the comments on Friday. Egg prices have nearly doubled in the last six weeks, with the average cost of a dozen cracking $8… Continue Reading…
February 24, 2025
“…The Chicago Fed National Activity Index declined to minus 0.03 in January from 0.18 in December, according to new and revised figures. The reading below zero suggests growth lagged the long-term average. Falling activity in production, and personal consumption and… Continue Reading…
February 10, 2025
“U.S. President Donald Trump on Sunday told reporters that he planned to announce new 25% tariffs on Monday, targeting imports of steel and aluminum. Perhaps unsurprisingly, the biggest winner of the trade tariffs is likely to be the U.S. “At… Continue Reading…
February 10, 2025
“China has imposed retaliatory tariffs on the US, hitting about $14bn worth of goods and dashing hopes that a trade war between the world’s two largest economies could be avoided. Beijing announced the tariffs last week in response to a US decision… Continue Reading…
February 7, 2025
“Elon Musk’s DOGE shuttered USAID. It has searched Medicare payments and gained access to a sensitive Treasury Department payment system. Its initial Labor Department presence prompted a lawsuit. And it’s just getting started. The Social Security Administration is an upcoming focus of the Department of Government… Continue Reading…
February 7, 2025
“…Nonfarm payrolls rose by a seasonally adjusted 143,000 for the month, down from an upwardly revised 307,000 in December and below the 169,000 forecast from Dow Jones. The unemployment rate nudged lower to 4%…” https://www.cnbc.com/2025/02/07/jobs-report-january-2025.html The unemployment books are cooked. It… Continue Reading…
January 30, 2025
“…Initial claims for state unemployment benefits dropped 16,000 to a seasonally adjusted 207,000 for the week ended Jan. 25, the Labor Department said on Thursday. Economists polled by Reuters had forecast 220,000 claims for the latest week… Companies have scaled… Continue Reading…
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